Achmea Investment Management B.V. Sells 16,931 Shares of Williams-Sonoma, Inc. $WSM

Achmea Investment Management B.V. lowered its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 10.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 146,321 shares of the specialty retailer’s stock after selling 16,931 shares during the period. Achmea Investment Management B.V. owned 0.12% of Williams-Sonoma worth $28,598,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in WSM. True Wealth Design LLC grew its holdings in Williams-Sonoma by 111.8% during the 3rd quarter. True Wealth Design LLC now owns 144 shares of the specialty retailer’s stock valued at $28,000 after buying an additional 76 shares in the last quarter. Vermillion & White Wealth Management Group LLC lifted its holdings in shares of Williams-Sonoma by 130.8% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 180 shares of the specialty retailer’s stock worth $29,000 after buying an additional 102 shares in the last quarter. Triumph Capital Management purchased a new stake in shares of Williams-Sonoma in the third quarter worth about $37,000. Cary Street Partners Investment Advisory LLC boosted its position in shares of Williams-Sonoma by 66.7% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 220 shares of the specialty retailer’s stock valued at $43,000 after acquiring an additional 88 shares during the period. Finally, Parkside Financial Bank & Trust boosted its position in shares of Williams-Sonoma by 57.2% in the third quarter. Parkside Financial Bank & Trust now owns 228 shares of the specialty retailer’s stock valued at $45,000 after acquiring an additional 83 shares during the period. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Insider Transactions at Williams-Sonoma

In related news, CEO Laura Alber sold 35,000 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $207.39, for a total value of $7,258,650.00. Following the transaction, the chief executive officer directly owned 806,537 shares of the company’s stock, valued at approximately $167,267,708.43. The trade was a 4.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Karalyn Yearout sold 767 shares of the company’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $205.16, for a total value of $157,357.72. Following the completion of the transaction, the executive vice president owned 13,236 shares of the company’s stock, valued at $2,715,497.76. The trade was a 5.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 1.10% of the company’s stock.

Williams-Sonoma Stock Performance

Shares of WSM stock opened at $182.29 on Wednesday. The stock has a fifty day simple moving average of $204.50 and a two-hundred day simple moving average of $195.11. The firm has a market capitalization of $21.76 billion, a PE ratio of 20.05, a PEG ratio of 2.73 and a beta of 1.64. Williams-Sonoma, Inc. has a 52-week low of $130.07 and a 52-week high of $222.00.

Analyst Upgrades and Downgrades

WSM has been the topic of a number of analyst reports. Citigroup upped their target price on shares of Williams-Sonoma from $188.00 to $208.00 and gave the stock a “neutral” rating in a report on Friday, March 6th. Zelman & Associates raised shares of Williams-Sonoma from an “underperform” rating to a “neutral” rating and set a $205.00 price target for the company in a report on Thursday, January 29th. Telsey Advisory Group restated an “outperform” rating and set a $220.00 price target on shares of Williams-Sonoma in a research report on Thursday, March 12th. Weiss Ratings raised shares of Williams-Sonoma from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. Finally, TD Cowen reiterated a “buy” rating and issued a $245.00 price objective (up from $210.00) on shares of Williams-Sonoma in a research report on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, Williams-Sonoma presently has an average rating of “Moderate Buy” and a consensus target price of $203.78.

Williams-Sonoma Company Profile

Williams‑Sonoma, Inc is a specialty retailer focused on the home and culinary markets, best known for premium cookware, kitchen tools and home furnishings. The company traces its roots to a single cookware store founded by Chuck Williams in 1956 in Sonoma, California, and has evolved into a multi‑brand home furnishings and housewares business. Its merchandise mix spans cookware and kitchen electrics, tabletop and food prep items, furniture, bedding, lighting and decorative accessories designed for both everyday use and higher‑end interiors.

The company operates a portfolio of consumer brands that target distinct segments of the home market.